JSE Main Market plunges, Juniors bounce


The Junior Market enjoyed a big bounce on Wednesday on the Jamaica Stock Exchange as the Main Market suffered major slippages, while the JSE USD Market slipped marginally. Trading ended with a minor fall in the volume of stocks exchanged, with the value falling below Tuesday’s outcome. At the end of trading the prices of 43 shares rose, 40 declined and 28 remained firm.

At the close of the market, the JSE Combined Market Index skidded 2,873.87 points to 329,599.26, the All Jamaican Composite Index dropped 4,239.29 points to settle at 361,821.69, the JSE Main Index sank 3,408.36 points to wrap up trading at 319,020.22, the Junior Market Index gained a solid 54.61 points to end at 3,425.12 and the JSE USD Market Index slipped a mere 0.22 points to 193.62.
At the close of trading, 20,618,921 shares were exchanged in all three markets, down moderately from 20,718,448 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $185.64 million, down from $223.71 million on the preceding day and the JSE USD market closed with an exchange of 787,325 shares for US$33,574, up from 138,842 units at US$7,128 on Tuesday.
In Main Market activity, Carreras led trading with 3.31 million shares, followed by Sagicor Select Financial Fund with 3.0 million stocks and Transjamaican Highway with 2.48 million units.
In Junior Market trading, Kintyre Holdings led with 476,235 shares, followed by Consolidated Bakeries with 248,965 stocks and AMG Packaging with 246,664 units.
In the preference segment, 138 Student Living preference share climbed $20 to close at $260 and Productive Business Solutions 10.5% increased $7.48 to $1,160.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2025-26 earnings and 15 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other, more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent data is required to navigate numerous investment options successfully in the stock market. The chart should be used as a guide in making rational decisions when investing in stocks close to the sector average, not straying too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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